Search Tag: cost cutting

Confronted with pressure to reduce costs, many healthcare
providers are making counterproductive changes that sometimes actually lead to
higher overall costs and can even lead to lower quality.
Here are some top mistakes healthcare providers make when trying to cut
costs:
1. Work from
the information that is most readily available.
Findings...
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Recently, Modern
Healthcare reported that Emblem Health laid off 250 staff
members, or 7.5 percent of the company’s workforce, after deciding to outsource
all of its tech work to services company Cognizant.
CEO Karen
Ignagni said outsourcing the work was part of critical modernisation for
the company’s future.
Ignagni took up the
post last autumn and,...
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